A multinational group comprising various entities with distinct shareholders from multiple countries such as India, UAE, US, UK, Singapore, lacked a designated ultimate holding company. A potential venture capitalist was willing to invest in the multinational group, subject to specific conditions. One such condition stipulates that the multinational group must form an ultimate parent holding,…
A US-based company (the 'Acquirer Company') was considering to acquire an Indian-headquartered group company (the 'Target Company'). The proposed acquisition is planned through the purchase of shares via a Share Purchase Agreement between the Promoters of the Target Company and the Acquirer Company. Additionally, the Acquirer Company extended a retention package to the Promoters of…
A manufacturing company engaged in the garments production and export. To expand the business, Client ('Investor’) identified a Joint venture partner (‘Investee’) and invested by subscribing to the equity share capital to the extent of 49%. Client decided to acquire the balance 51% stake which was partially held by the Sellers directly and partially through…
A conglomerate, established by Friends in various ventures, aimed to financially empower the next generation. In the FY 2023-24, the Promoters sold their active business vide a slump sale and thereafter, consulted a top economic succession planner on their future plans of retirement and enabling the next gen entrepreneurs. However, the advise and the structure…
A US-based Private Equity Backed Company in India sought our expertise in the reorganization of their group holding structure to alleviate additional compliance costs and repatriation costs. The Indian Company has a subsidiary in the USA which resulted in unwarranted compliance costs and therefore, the management has decided to liquidate the US subsidiary in order…
A start-up in the Cloud kitchen business sought our advice during active negotiations to raise funds from both Resident and Non-resident investors. The company had several concerns that needed to be addressed:
Firstly, the focus was on the convertible capital instrument. The investors wanted an overriding title over the Equity, along with specific details on…